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The Stark Corporation has a bond with a face value of $1,000 that reaches maturity in 10 years. The coupon rate for this bond is
The Stark Corporation has a bond with a face value of $1,000 that reaches maturity in 10 years. The coupon rate for this bond is 9.9% and that the coupon payments are to be made semiannually. Assuming the appropriate YTM on the Stark bond is 8%, then the price that this bond trades for will be closest to
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Cost Of Capital In Managerial Finance
Authors: Dennis Schlegel
2015th Edition
3319151347, 978-3319151342
